Recently on Monday, Taiwan’s Foxconn Technology Group, the world’s largest contract manufacturer of top global electronics such Apple Inc. (NASDAQ:AAPL)’s iPhone, closed a Taiyuan plant located in northern China after about 2,000 employees staged a riot at a company dormitory. No immediate words were provided that for how long the shutdown would last at the plant, in which about 79,000 people work in the Shanxi provincial capital, while police and company officials investigate the reason of the disturbance.
Microsoft Corporation (NASDAQ:MSFT) retreated on Friday after media reports suggested that the company knew about IE for weeks before bug. The software giant has recently hosted India’s largest developer event, the Windows 8 AppFest.
Shares of this company traded down -0.83% during trading Friday, hitting $31.61. The stock has a 52 weeks low of $24.26 and a 52 weeks high of $32.95. The company has a market cap of $261.48 billion and a P/E ratio of 15.60. The P/S ratio is 3.55 and P/B ratio 3.94. Dividend yield stands at 2.95 percent. The beta value is 1.01. MSFT’s RSI amounts to 59.72.
Oracle Corporation (NASDAQ:ORCL) gapped up near 52-week high after mixed results for the third quarter of fiscal 2013. For this company, a return on equity of 24.05 percent was realized due to the financial situation. Last twelve months’ earnings per share reached a value of $2.02. Last fiscal year, $3.58 has been paid in form of dividends to investors. Earnings are projected to move up 12.01 percent for the coming five years. The stock closed at $32.47, up 0.21 points or 0.65% from previous close and at a distance of +0.88% from 20-day simple moving average.
Shares of Intel Corporation (NASDAQ:INTC) declined and has confirmed that Medfield x86 Chips donot support LTE yet. The company has a market value of $115.69 billion. It employs 100,800 people, over the last 12 months has generated revenue of $54.53 billion and has a net income of $12.39 billion. The firm’s operating margin is 30.83 percent and net profit margin 22.73 percent. The latest closing price of its shares moved up 24.97% from the 50-day moving average.
Yahoo! Inc. (NASDAQ:YHOO) edged down after Cantor Fitzgerald initiated coverage on the stock with hold rating and set a price target at $16. In the last trading session, the stock’s price moved 15.36% above their 200 day moving average, changing hands as low as $15.66 per share. The stock is currently trading 2.01% up their SMA 50. The worst hit in its 52 weeks range is $13.11 per share, with $16.79 being the 52 weeks best price, which compares with a latest closing price of $15.73. The Beta of this stock is 0.90.